Wrongful Trading: What It Is and How to Avoid It Wrongful trading, often known as “trading irresponsibly,” is a civil wrong covered by Section 214 of the 1986 Insolvency...
VAT on Business Expenses – What You Need to Know Expenses are one of the most perplexing aspects of VAT, so don’t worry if you’re finding it all a...
Setting Up a Trust in the UK – A Complete Guide The use of a trust to protect large sums of money and other financial assets is becoming increasingly...
When you buy a home in England or Northern Ireland, you will be subject to Stamp Duty Land Tax (SDLT). It is usually transferred by your conveyancer when you...
Simple Guide to CIS Tax For Construction Pros CIS isn’t a new tax law; it was enacted in 1971 to address what was considered to be a major tax...
PayPal Working Capital UK: Is This a Loan That’s Right for Your Business? New businesses and start-ups often need cash in a hurry. The same can actually be true...
SEISS Extended: The Last Round and What You Need to Know Now Despite the final stage of England’s lockdown lifting measures being pushed back four weeks to July 19,...
All About Companies House Late Filing Penalties Limited companies, whether private or public, are required to file annual accounts with Companies House and HMRC. Companies House can and will...
Understanding – And Using – a Director’s Loan Account If you own a business, you’ve probably come across the term “directors loan account.” Directors loan accounts (DLA) are one...
Shares, Share Capital and More Explained Setting up a limited company can seem like a daunting and confusing undertaking, and, as many new company principals discover, for lots of...